Shake no longer being developed?

I have read that the Shake product is no longer being improved upon or updated. Hence, the huge price drop in this software earlier this year. Since it is now relatively inexpensive, I am considering getting it. I am already using Motion and Final Cut quite a lot.
Still, my lingering question is: if Shake is no longer being developed or improved, then is Apple working on some other software that will replace its functions?
I am hesitant to invest in a software that may not have a future.

Apple is working on something new, but that shouldn't put you off Shake. As with any software, new versions come out all the time thus rendering prior ones 'obselete'. But, if the software does what you want it to do it's not obselete, by definition.
If you need the capabilities Shake offers, get it. If you don't, then no harm in not having it. As regards lack of support, there is masses available on the web. Shake has a large, active userbase and forums like this one provide plenty of information (try Creative Cow too). There are plenty of add-ons available from thrid-party developers too.
I hope this helps?
Dominic

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